A relatively minor player in the so-called “skinny bundle” subscription video game has picked up some bigtime allies. Deadline.com reports that 21st Century Fox and Sky just took part in a $15 million Series B funding round for fuboTV.
The niche sports and entertainment provider currently has only about 40,000 subscribers.
“The companies each kicked in $6 million, and will have seats on the board,” Deadline reports. “Although neither licenses content to fuboTV now, the streaming service says that they plan to ‘work closely’ with it. The $9.99 a month service currently offers channels including Univision, beIN Sports, GolTV, El Rey Network, Pivot, and Revolt.”
The funding follows a round in August that raised $4 million.
“Fox Networks Group EVP Ravi Ahuja says he’s impressed with the firm’s progress and believes that that ‘streaming services like fuboTV will drive further innovation and be a win-win for consumers and programmers,'” Deadline notes.